Which of the following is NOT an element of a private placement?
A) Transaction with unsophisticated offerees
B) Exempt from registration
C) Less expensive than a registered public offering
D) Directed to selected qualified investors

Question

Quizplus · Accepted Answer

Private placements are typically directed towards selected qualified investors and are exempt from registration, which makes them less expensive than a registered public offering. However, private placements are not intended for unsophisticated offerees who do not meet the qualifications set forth by the SEC.

Which of the Following Is NOT an Element of a Private